Maven Assets Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria.
TOP GAINERS
|
Company |
Close |
Change |
Potential Reasons |
Sector |
|
LEARNAFRCA |
6.49 |
0.59 |
Renewed investor interest as the education publishing firm benefits from post-school resumption sales and consistent dividend outlook |
Consumer Services / Publishing |
|
JBERGER |
151.8 |
13.8 |
Strong demand from institutional investors following optimism around infrastructure spending and upcoming government capital projects |
Industrial Goods / Construction |
|
CORNERST |
6.15 |
0.55 |
Positive sentiment within insurance counters; traders positioning for improved underwriting performance and possible Q3 dividend expectations |
Financial Services / Insurance |
|
ASOSAVINGS |
1.03 |
0.09 |
Mild uptick driven by retail accumulation and renewed interest in microfinance and mortgage-linked stocks |
Financial Services / Mortgage |
|
IKEJAHOTEL |
18.8 |
1.45 |
Buying interest from hospitality sector investors amid improved occupancy rates and tourism recovery |
Services / Hospitality |
|
INTENEGINS |
2.94 |
0.19 |
Gains sustained on investor confidence in consistent quarterly improvements and sector rotation into low-priced insurance equities |
Financial Services / Insurance |
|
TRANSCORP |
50 |
3 |
Strong momentum from power and hospitality business segments; investors positioning ahead of potential Q4 results and dividend expectations |
Conglomerates / Power & Hospitality |
|
ACCESSCORP |
24.45 |
1.45 |
Positive sentiment driven by strong banking sector performance and expectations of robust Q3 earnings |
Financial Services / Banking |
|
RTBRISCOE |
3.4 |
0.2 |
Uptrend sustained by speculative buying in low-cap industrial stocks and hopes of operational restructuring |
Industrial Goods / Auto & Engineering |
|
WAPIC |
3 |
0.12 |
Gradual rebound in insurance equities as retail investors accumulate undervalued financial stocks |
Financial Services / Insurance |
Market Summary
(Gainers)
The Nigerian Exchange (NGX) closed today’s session on a positive note, supported by broad-based buying interest across multiple sectors, particularly in construction, banking, insurance, and hospitality stocks. Investor sentiment remained upbeat as market participants positioned ahead of upcoming Q3 earnings releases and end-of-year dividend expectations.
Julius Berger (JBERGER) led the gainers’ chart with an impressive ₦13.80 rise to close at ₦151.80, reflecting strong investor confidence in the construction giant amid optimism surrounding increased government infrastructure spending. The stock’s performance was a major boost to the industrial sector and overall market sentiment.
Transcorp Plc followed closely with a ₦3.00 gain to ₦50.00, extending its bullish run as investors continued to react positively to the company’s consistent performance in its power and hospitality subsidiaries.
Among the financial stocks, AccessCorp (+₦1.45) attracted notable demand driven by expectations of strong Q3 banking results and sustained earnings growth. The insurance segment also witnessed modest rallies, led by Cornerstone Insurance, IntEnEgIns, and Wapic, as investors rotated into low-priced financial equities in anticipation of improved underwriting income and sector stability.
Ikeja Hotel and Learn Africa also made strong showings. The hospitality firm gained ₦1.45 amid improved occupancy levels and a recovery in business tourism, while the publishing company added ₦0.59 on seasonal demand linked to school resumption and steady revenue outlook.
Meanwhile, small-cap counters such as ASO Savings and RT Briscoe recorded mild upticks, reflecting renewed retail interest in undervalued and speculative names.
Overall Outlook
The market’s positive momentum was largely supported by institutional repositioning into fundamentally strong stocks and renewed confidence in key sectors of the economy. With earnings season approaching, investors are expected to maintain selective buying in companies showing solid fundamentals, growth potential, and consistent dividend history.
If you’d like, I can follow this with a brief outlook on the top 5 stocks to watch from today’s gainers — would you like me to include that next?
Top 5 Potential Stocks to Watch
1. Julius Berger (JBERGER) – ₦151.80 (+₦13.80)
Sector: Industrial Goods /
Construction
Outlook: JBERGER continues to attract strong
investor interest following recent infrastructure project announcements and
government capital expenditure commitments. The company’s robust order
book and track record of contract execution make it a solid medium-term
play.
Potential: High – Supported by infrastructure growth,
earnings stability, and dividend potential.
2. Transcorp Plc (TRANSCORP) – ₦50.00 (+₦3.00)
Sector: Conglomerates / Power
& Hospitality
Outlook: Transcorp’s diversified portfolio in
power generation and hospitality remains a growth driver. Investors are
positioning ahead of potential Q3 earnings strength and expansion in Transcorp
Hotels.
Potential: High – Strong fundamentals, steady revenue
growth, and consistent operational performance.
3. Access Holdings (ACCESSCORP) – ₦24.45 (+₦1.45)
Sector: Financial Services
/ Banking
Outlook: The banking giant remains attractive due
to its solid capital base, pan-African operations, and rising interest income.
Investors anticipate stronger Q3 results and potential dividend
declarations.
Potential: Moderate to High – Supported by scale,
diversification, and positive earnings outlook.
4. Ikeja Hotel (IKEJAHOTEL) – ₦18.80 (+₦1.45)
Sector: Services /
Hospitality
Outlook: The hospitality sector continues to
benefit from improved travel activity and business tourism. Ikeja
Hotel’s occupancy rates and revenue streams are expected to strengthen
into the festive season.
Potential: Moderate – Seasonal boost
and sector recovery support near-term growth.
5. Learn Africa Plc (LEARNAFRCA) – ₦6.49 (+₦0.59)
Sector: Consumer Goods /
Publishing
Outlook: Demand for educational materials has risen
during the new school session, driving revenue expectations higher. The
company’s stable distribution network and recurring income make it an
attractive short- to medium-term play.
Potential: Moderate – Seasonal momentum and consistent
earnings profile.
Summary Insight
Today’s top gainers highlight broad-based investor confidence, particularly in construction, banking, and hospitality sectors. JBERGER and TRANSCORP lead the momentum as institutional investors continue to favor stocks with strong fundamentals and growth visibility.
Top 5 Penny Stocks to
Watch
1. ASO Savings (ASOSAVINGS) – ₦1.03 (+₦0.09)
Sector: Financial Services /
Mortgage Banking
Outlook: ASOSAVINGS continues to draw speculative
interest from investors positioning for potential restructuring or
recapitalization news. Its low share price makes it attractive for short-term
traders seeking quick percentage gains.
Potential:
High (Speculative) –
Driven by market rumors and low-price accumulation.
2. WAPIC Insurance (WAPIC) – ₦3.00 (+₦0.12)
Sector: Financial Services /
Insurance
Outlook: The insurance sector has seen renewed
investor activity, with WAPIC benefiting from expectations of improved
underwriting performance and digital transformation efforts.
Potential: Moderate – Backed by steady operational
recovery and increasing investor interest in insurance plays.
3. Cornerstone Insurance (CORNERST) – ₦6.15 (+₦0.55)
Sector: Financial Services
/ Insurance
Outlook: CORNERST remains one of the most actively
traded penny insurance stocks, buoyed by strong H1 earnings and consistent
retail investor accumulation. Its fundamentals continue to improve, especially
with better investment income.
Potential: Moderate to High –
Supported by improving earnings and sector growth potential.
4. RT Briscoe (RTBRISCOE) – ₦3.40 (+₦0.20)
Sector: Industrial Goods /
Auto Services
Outlook: RT Briscoe is gaining traction as
investors anticipate a turnaround from cost-cutting measures and improved
automotive sales. Its low float also adds to the volatility, attracting
speculative buying.
Potential: Moderate (Turnaround Play)
– Dependent on consistent revenue recovery.
5. International Energy Insurance (INTENEGINS) – ₦2.94 (+₦0.19)
Sector: Financial Services
/ Insurance
Outlook: INTENEGINS continues to benefit from
active trading interest and improved investor sentiment around smaller-cap
insurance firms. Market watchers anticipate gradual growth as management
strengthens balance sheet performance.
Potential: Moderate – Suitable for medium-term
accumulation in the insurance space.
TOP LOSERS
|
Company |
Close |
Change |
Potential Reasons |
Sector |
|
MCNICHOLS |
2.97 |
-0.33 |
Profit-taking after previous gains in the FMCG counter; limited liquidity leading to price volatility |
Consumer Goods / Food Processing |
|
DEAPCAP |
1.71 |
-0.19 |
Mild correction following recent speculative buying; investor rotation into larger-cap financial stocks |
Financial Services / Investment |
|
ETERNA |
36 |
-4 |
Pullback amid oil price uncertainty and profit-taking by traders after recent rallies in energy stocks |
Oil & Gas / Energy |
|
SUNUASSUR |
4.51 |
-0.5 |
Weak investor sentiment in the insurance segment; reduced buying interest after prior uptick |
Financial Services / Insurance |
|
LEGENDINT |
5.26 |
-0.58 |
Price correction following low-volume surge earlier in the week; investors locking in short-term gains |
Industrial Goods / Manufacturing |
|
UPDC |
6.17 |
-0.68 |
Marginal correction after earlier rally on real estate optimism; sector rotation affecting property equities |
Real Estate / Property Development |
|
CAVERTON |
5.45 |
-0.6 |
Profit-taking after prior advances; aviation service firms seeing slight pressure amid cost concerns |
Transportation / Aviation Support |
|
SOVRENINS |
3.9 |
-0.42 |
Reduced speculative activity and investor exit from penny insurance stocks |
Financial Services / Insurance |
|
UNIONDICON |
7.05 |
-0.75 |
Continued sell-off as investors react to lack of fresh catalysts; thin trading volume intensifies declines |
Consumer Goods / Food Processing |
|
HONYFLOUR |
20 |
-2 |
Sector-wide pullback in food processing firms due to rising input costs and margin compression fears |
Consumer Goods / Food Processing |
Market Summary (Top Losers)
The NGX closed mixed today, with several small- and mid-cap stocks retreating following earlier bullish sessions. The decline was led by ETERNA (-₦4.00) and HONYFLOUR (-₦2.00), as investors booked profits amid rising uncertainty in global commodity prices.
Insurance and consumer goods counters such as SUNUASSUR, MCNICHOLS, and UNIONDICON also recorded mild losses due to profit-taking and low market liquidity.
Overall, the market movement suggests a short-term consolidation phase, with investors cautiously rotating positions while awaiting fresh earnings and macroeconomic indicators.
Disclaimer: This analysis is based on historical data and is for informational purposes only. It is not financial advice. You should consult with a qualified financial advisor before making any investment decisions.